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विमल ऑयल्स एंड फूड्स > कंपनी इतिहास > Edible Oils & Solvent Extraction > कंपनी इतिहास का विमल ऑयल्स एंड फूड्स - बीएसई: 519373, NSE: VIMALOIL

विमल ऑयल्स एंड फूड्स

बीएसई: 519373  |  NSE: VIMALOIL  |  ISIN: INE067D01015  |  Edible Oils & Solvent Extraction

कंपनी इतिहास - विमल ऑयल्स एंड फूड्स
M/s Vimal Oil & Foods (Vimal) was incorporated on 14th May 1992.  It
 received the certificate of commencement of business on 19 May 1992
 from the Registrar of Companies, Gujarat.
 
     The company has embarked upon a project for setting up a 200 TPD
 solvent extraction and 50 TPD edible refined oil plant at village
 Hanumant Heduva, Dist. Mehsana (North Gujarat).
     
     Presently the company is engaged in the production of edible oils
 in its edible oil refinery which commenced commercial production on
 25.09.93.  Vimal is promoted by a group of qualified entrepreneurs
 viz. Shri Chandubhai I Patel ,Shri G K Patel, Shri J C Patel and Shri
 K S Patel from Mehsana (Gujarat)
 
 2003
 
 -Members approve delisting from Delhi Stock Exchange
 
 
 
 M/s. Vimal Oil & Foods Limited (Vimal) was incorporated on 14th May,
 
 1992. It received the certificate of commencement of Business on 19th
 
 May, 1992 from the Registrar of Companies, Gujarat. The Company is 
 engaged in the production of edible oil in its edible oil refinery
 which
 commenced commercial production with a 50 TPD capacity in September,
 
 1993.
 
 The Company made the Public Issue of 27, 50, 000 Equity Shares of Rs.
 10/- 
 for cash at par aggregating Rs. 2,75,00,000/- in March, 1994 to part
 finance 
 the project for setting up a 200 TPD Solvent Extraction Plant which
 was 
 commenced in December, 1994.
 
 In the year 1995, additional Oil Refinery capacity of 100 TPD was
 commenced. 
 In the year 1995, the Company has set up a Wind Mill at Survey No.
 128, 
 Mouj: Kalyanpur, Tal: Kalyanpur, Dist: Jamnagar. The Company has set
 up 
 a Milk Powder plant in the year 1997 at Village: Hanumant Heduva, Nr.
 
 Palvasna Railway Crossing, Highway and Mehsana- 384 002.
 
 In the year 2003, refining capacity was enhanced to 80,000 TPA
 (approx. 300 
 TPD). The said expansion was funded by term loan and internal
 accruals.
 
 The Company is exporting the De-oiled Cake (DOC), a by-product under
 the 
 solvent extraction to various foreign countries. The Company has been
 
 presented with the Export Awards in the years 1998, 1999 and 2001.
 The 
 Company has obtained One Star Export House status from the office of
 the
 Joint Director General of Foreign Trade, Ahmedabad on 18th  October,
 2005 
 which is valid from 01.04.2005 to 31.03.2009.
 
 The Company has adhered to the Quality Management System Standard 
 of ISO 9001: 2000 issued by the Det Norske Veritas (DNV).
 
 MAJOR EVENTS IN THE HISTORY OF THE COMPANY:
 
 Year   Events
 
 1992    Incorporation of the company as the limited company
 1993    50 TPD capacity refinery of Cotton seed/Rapeseed Oil was
 commenced
 1994    200 TPD Solvent Extraction Plant was commenced
 1995    Additional Oil Refinery capacity of 100 TPD was commenced
 1995    Company has set up a Wind Mill
 1997    Company has set up a Milk Powder plant
 1998   Award for the highest Exporter of Rapeseed De-oiled cakes
 (DOC) in 
            India during the year 1997-98 from the Solvant Extraction
 Association 
           of  India.
 1998-99,
 2000-01 Award for the Second Highest Exporter's of Rapeseed DOC for
 the 
               year 1998-99, 2000-01 
 2001  Company has also ISO 9001 : 2000 Registration for Quality
 System 
           Certification from DNV, Netherlands
 2003  Refining capacity was enhanced to 80,000 TPA. (approx. 300
 TPD)
 2006
 -Implementation of Customised Enterprise Resource Planning System
 
 2007
 
 -The company has issued rights in the ratio of 3:5 at a premium of
 Rs.15/- Per Share.
 
 
 2011
 
 - Mr. Alkesh B Patel has been appointed as an Additional Director
 (Independent and Non Director) of the Company.
 
 
 2012
 
 - The Company has allotted 8,70,000 equity shares of Rs. 10/- each at
 a price of Rs. 65/- (at a Premium of Rs, 55/-) to some of the
 allottees.
 
 2013
 -Vimal Oil & Foods Ltd has recommended Dividend of Rs. 1.20 per
 Equity Share and Re. 0.60/- per Preference Share and Re. 0.80/- per
 Preference Share.
 
 2014
 -The Company has allotted 36,00,000 equity shares of Rs. 10/- each at
 a price of Rs. 105/- (at premium of Rs. 95/-).
 
 
 
स्रोत: रेलीगरे टेचनोवा

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